Global mobility of people: Challenges and opportunities for international business

2021 ◽  
Vol 2021 (1) ◽  
pp. 13867
Keyword(s):  
International Business ◽  
Global Mobility ◽  
Challenges And Opportunities

CHALLENGES AND OPPORTUNITIES FOR THE CHINA INTERNATIONAL COMMERCIAL COURT

2019 ◽  
Vol 68 (04) ◽  
pp. 869-902
Author(s):  
Wei Cai ◽  
Andrew Godwin
Keyword(s):  
International Business ◽  
Critical Analysis ◽  
Judicial System ◽  
Global Competition ◽  
Judicial Reform ◽  
Judicial Interpretation ◽  
Global Business ◽  
Business World ◽  
Challenges And Opportunities ◽  
Commercial Courts

AbstractChina has confirmed its ambition to join the global competition for international business dispute resolution services by establishing the China International Commercial Court (CICC). The CICC has now begun operation following a judicial interpretation issued by the Supreme People's Court. By examining the trial process of the CICC as set out by the Supreme People's Court and comparing the rules with other international commercial courts, this article provides a detailed overview and critical analysis of the issues surrounding cases brought to the CICC. Overall, compared with the approaches adopted by other international commercial courts, the approach adopted by the CICC is conservative. Without bold innovations to China's existing judicial system, the competitiveness of the CICC is likely to be limited. This article argues that it is desirable for the Court to be more actively reformed. Such reforms might also promote judicial reform in China generally and increase China's institutional competitiveness in the global business world. This article also aims to outline the challenges that parties (in particular those from overseas) may face in litigation before the CICC and provide the international community with a critical analysis of the operation and framework of the CICC.

Entrepreneurship: One Key To Integrated Business Education

2004 ◽  
Vol 1 (3) ◽  
Author(s):  
Matthew L. O'Conner ◽  
Dale W. Jasinski ◽  
Chad Nehrt ◽  
Kathleen Simione
Keyword(s):  
Active Learning ◽  
International Business ◽  
Business Education ◽  
Core Curriculum ◽  
Business Management ◽  
Business Plan ◽  
Challenges And Opportunities ◽  
Key Issues ◽  
Approach To Teaching

This paper presents a case study of the key issues in implementing an innovative approach to teaching the business core curriculum.  The program utilizes entrepreneurship as a key integrating theme and is designed to include two major active learning components: the development of a business plan and the implementation of a student business.  The course integrates cross-functional topic areas including accounting, finance, international business, management, and marketing.  The paper describes the program in detail and identifies the key challenges and opportunities that remain.  From the student and faculty feedback it appears obvious that while certain improvements need to be made and institutional resources increased, the course offers a unique educational experience.

‘Multiculturality’ as a Key Methodological Challenge during In-depth Interviewing in International Business Research

2016 ◽  
Vol 23 (2) ◽  
Author(s):  
Ling Eleanor Zhang ◽  
David S. A. Guttormsen
Keyword(s):  
International Business ◽  
Design Methodology ◽  
Mother Tongue ◽  
Mainland China ◽  
Field Research ◽  
Power Imbalance ◽  
Research Projects ◽  
Local Staff ◽  
Challenges And Opportunities ◽  
The Right

Purpose Although qualitative methods have now gained a stronger foothold in International Business (IB) research, they remain under-researched, especially regarding how researchers can overcome obstacles created when interviewers exhibit ‘multiculturality’ during international field research projects. This paper analyses how researchers’ multicultural backgrounds create challenges and opportunities in data collection during in-depth interviewing, and how such backgrounds further impact on the power imbalance between researchers and interviewees. Design/methodology/approach The two multicultural co-authors of this paper draw upon their 141 in-depth interview experiences with expatriates and local staff across five separate field research projects in Mainland China, Hong Kong SAR, South Korea, Finland, and the US. Field research experiences are analysed through a Bourdieusian inspired ‘epistemic reflexive’ self-interrogation process between the two co-authors. Findings This paper suggests five strategies to cope with the power imbalance between the researcher and the respondent in terms of social categorisation and language: activating the ‘favoured’ ethnicity, putting the ‘desired’ passport forward, constantly reassuring of belonging to the ‘right’ social category, bonding in the interviewee’s mother tongue and adopting a multilingual approach characterised by frequent code-switching. Originality/value This paper emphasises the relevance of exploratory, self-reflexive analysis, and uncovers how social categorisation and language influence the interviewer-interviewee power imbalance. Distinct methodological contributions are proposed accordingly for IB literature: placing ‘multiculturality’ as an important concept at the forefront of qualitative IB research; and identifying ethnicity and accent as key factors in terms of securing and conducting interviews.

scholarly journals Global Mobility beyond Traditional Assignments - A Review on Flexpatriates and International Business Travellers

2021 ◽  
Vol 9 (03) ◽  
pp. 570-576
Author(s):  
Padmini Jayasekara
Keyword(s):  
Social Support ◽  
Conceptual Model ◽  
International Business ◽  
Organizational Support ◽  
Policy Orientation ◽  
Global Mobility ◽  
Data Compilation ◽  
Strategic Policy ◽  
Business Travellers

The purpose of this paper is to explore the concept of flexpatriates and international business travellers (FIBT) and related issues of FIBTs. Finally, the outcome of the paper is enriched by presenting a policy oriented conceptual model for managerial concern to resolve such issues of FIBSs. A literature-based data compilation was done to develop this model. The model mainly outlines the necessity of giving strategic policy orientation on managing FIBTs by considering several supportive channels: organizational support and social support for both assignees and families.

scholarly journals Internationalization of family firms-challenges and opportunities in Russia

2021 ◽  
Vol 18 (4) ◽  
pp. 207-217
Author(s):  
Shab Hundal ◽  
Tatyana Kauppinen
Keyword(s):  
International Business ◽  
Family Firms ◽  
New Ventures ◽  
Structured Interview ◽  
Theoretical Perspectives ◽  
Challenges And Opportunities ◽  
Mass Privatization ◽  
Set Up ◽  
Economic Landscape ◽  
Taxation System

The family firms (FFs), especially the small and medium-sized enterprises (SMEs), play an instrumental role in the economic spectrum of the Russian economy with respect to their contribution to income, output, and employment, ceteris paribus. The FFs not only contribute the domestic business activities but also make a significant contribution to international business. Ever since the launch of the mass privatization program (MPP) in Russia during 1992–1994 numerous disruptions on the business and economic landscape of Russia have emerged, and as a result, the FFs in Russia have been experiencing several new opportunities and challenges in the international market. However, it is noticeable that corporate regulatory, and corporate governance systems do not even clearly define the FFs. The current study explores the following research objectives. First, the motivation of internationalization of FFs in Russia; second, their process of internationalization, and third, the problems and challenges faced by the FFs. Different theoretical perspectives have been discussed to problematize and analyze the research objectives of the study. The current qualitative study is based on the semi-structured interview method. As many as ten FF entrepreneurs, representing five different industries, have been analyzed. The findings show that there is neither clarity nor unanimity of the very meaning and understanding of FFs in Russia. The lack of regulated bank credit and the existence of a complex taxation system dissuade the FFs from investing in new ventures and undertaking innovative activities. Similarly, the government’s directives to set up business operations at certain specified business facilities, at the exorbitant costs though, has created downward pressure on the profitability of FFs. Many FFs have initiated their international business activities owing to their growing linkages with the external contingencies, developed over time. Similarly, internationalization has increased the competitiveness of the FFs in the Russian domestic market too.

scholarly journals International Business Education At Best B-Schools

2008 ◽  
Vol 5 (1) ◽  
Author(s):  
Susan Eisner ◽  
Mary Ellen O’Grady Harvey
Keyword(s):  
International Business ◽  
Undergraduate Students ◽  
Business Education ◽  
Global Economy ◽  
Gap Analysis ◽  
Business Schools ◽  
Management Practice ◽  
Business Programs ◽  
Challenges And Opportunities ◽  
International Business Education

This paper investigates the preparation undergraduate students readying for participation in the global economy and interested in international business careers can receive at U.S. business schools. Existing literature point to the importance of internationalizing business education, but have been relatively silent in recent years regarding its status.  Accordingly, this study seeks to contribute to business education and management practice by examining the attributes of international business programs currently offered by “best” business schools. Gap analysis and benchmarking tools are identified and summarized within the context of existing literature. Analysis and recommendation are provided to assist educators developing programs that successfully train graduates for the challenges and opportunities of today’s international workplace.

Multilingual Education for International Business

2019 ◽  
pp. 207-231
Author(s):  
Juan Carlos Díaz ◽  
Sara Aguilar-Barrientos ◽  
Heiko Marc Schmidt
Keyword(s):  
Foreign Language ◽  
International Business ◽  
Business Education ◽  
Study Program ◽  
Third Language ◽  
Cognitive Correlates ◽  
Multilingual Education ◽  
Challenges And Opportunities ◽  
Study Programs ◽  
Multilingual Approach

Education for future international business (IB) practitioners must be linked to a clear multilingual and multicultural approach. In this chapter, the authors present a case of study of the setup, aspects, and implementations of an IB undergraduate program carried out mostly in a foreign language (English). The program here presented also requires students to acquire a third language, and thus has become the first IB program of its kind in Colombia. The consequences, challenges, and opportunities derived from this multilingual approach to business education are then discussed in this chapter. Through data collected from the study program, it is possible to draw attention to the link between linguistic skills and academic performance, which leads to a short overview of the cognitive correlates to multilingualism and the learning process aspects associated with the use of a foreign language in the classroom. Finally, the authors draft some recommendations for educators and professionals designing IB study programs with a multilingual approach.

scholarly journals The Recent Challenges of Globalization and the Role of Employee Engagement – The Case of Vietnam

2015 ◽  
Vol 5 (1) ◽  
pp. 69 ◽  
Author(s):  
Eswaranathan Ehambaranathan ◽  
Ayesha Samie ◽  
Shagesheela Murugasu
Keyword(s):  
Human Resources ◽  
Employee Engagement ◽  
International Business ◽  
Emerging Economies ◽  
Business Environment ◽  
Effective Implementation ◽  
Challenges And Opportunities ◽  
Competency Based ◽  
Technical Systems

Over the recent years, changes in the human resources practice have led to a situation whereby the failure of some firms are due to the mismanagement of people rather than problems related to technical systems. Evidently, there have been also suggestions that the changes in employee engagement practices have not been corresponding with the changes that is taking place in the international business environment. As a result, organizations have achieved a relatively low level of effectiveness in implementing effective employee engagement practices. This is particularly the case in emerging economies such as Vietnam, a country exposed to challenges and opportunities of globalization. Therefore, in order to strive competitively in this period of globalization, managers must possess relevant competencies for effective implementation in the employee engagement policies and practices. Thus, this paper explores the competency-based research framework and draws implications from the employee engagement practice to prepare organizations in Vietnam for the challenges in globalization. 

Introduction

2020 ◽  
pp. xviii-7
Author(s):  
Kamel Mellahi ◽  
Klaus Meyer ◽  
Rajneesh Narula ◽  
Irina Surdu ◽  
Alain Verbeke
Keyword(s):  
International Business ◽  
Business Strategy ◽  
Multinational Enterprises ◽  
Strategic Behavior ◽  
Multinational Enterprise ◽  
Future Research ◽  
International Operations ◽  
Challenges And Opportunities ◽  
The Right ◽  
International Business Strategy

International business strategy is a field where theory continuously seeks to meet business practice. Increasingly, scholars of international business strategy are concerned with the uncertainties and complexities of international operations, especially when firms commit significant resources to foreign markets. Over time, multinational enterprises have evolved in order to manage the challenges in their environments. The contributions in this volume address key remaining challenges and opportunities for the modern multinational enterprise. These contributions include refinements of traditional ideas about the role of firm-specific and country-specific advantages as well as new knowledge around how the heterogeneity observed in international business strategic behavior stems from the size, origin, governance and other characteristics of the firm. Further, we invite the reader to explore new dimensions of international business strategy, in order to understand the strategic implications of digitalization or the increased social pressure placed on MNEs to “do the right thing” and manage international operations responsibly, in ever changing social, economic and institutional environments. Each chapter provides insightful future research directions and implications for management and policy. This collection is a complete Handbook of International Business Strategy that should serve as a knowledge repository for scholars and managers alike.

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